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Equinix announces $95M Ashburn data center expansion
Redwood City, California-based digital infrastructure company Equinix Inc. has opened a new $95 million data center on its existing Ashburn campus, giving the company additional capacity. The two-story data center is designed for both large and small deployments. The $95 million first phase includes more than 41,000 square feet [...]
Parsons Corp. completes acqusition of Colo.-based aerospace firm for $300M
Centreville-based defense contractor Parsons Corp. announced late last week that it has completed its acquisition of Colorado Springs, Colorado-based Braxton Science & Technology Group LLC (BSTG) and its subsidiaries for $300 million. The acquisition was first announced in late October — marking Parsons’ fourth acquisition since October 2018. BSTG provides services for satellite operations, ground system […][...]
IRS announces research partnership with Fairfax company
The Internal Revenue Service’s Office of the Chief Procurement Officer is forming a research partnership with Fairfax-based Data and Analytic Solutions Inc. The partnership, which also includes a group of academic researchers, will use data science to improve IRS procurement operations. Researchers will examine the length of time it takes to award a government contract. […]
Dallas professional services company acquires Reston firm
Dallas, Texas-based professional services company Jacobs announced Tuesday it has acquired Reston-based cyber solutions company The Buffalo Group LLC. Financial terms of the acquisition were not disclosed. The Buffalo Group provides analysis and technology services to the United States intelligence community across domains including cyber, ground, sea, air and space. Jacobs employs 55,000 people and […][...]
Newport News Shipbuilding lands $2.2B sub contract modification
Newport News-based Huntington Ingalls Industries (HII)’s Newport News Shipbuilding division received a $2.2 billion contract modification from Reston-based General Dynamics Electric Boat for construction of the first two Columbia-class ballistic missile submarines, the company announced on Monday. The U.S. Navy in early Novemb[...]
Md.-based contractor closes on DynCorp International acquisition
Germantown, Maryland-based government contractor Amentum announced Monday it has acquired McLean-based DynCorp International. Financial terms of the deal, originally announced on Sept. 24, were not disclosed. The acquisition will create a company with more than 34,000 employees and allow the company to expand to new markets, according to Amentum’s statement. “The addition of DynCorp International […][...]
‘It’s not N95 or bust’
With the protective face mask market growing to meet the demand of both the general public and first responders, it’s a challenge for consumers to choose the most effective mask to purchase to stay safe amid the COVID-19 pandemic. Linsey Marr, the Charles P. Lunsford Professor of Civil and Environmental Engineering at Virginia[...]
Labor market continued slow recovery in early November
The labor market continued its slow recovery during the week of Nov. 8, according to Virginia Commonwealth University and Arizona State University economists. Early November saw 69.9% of working age adults employed, which is still far below the 73.8% employment rate from February right before the pandemic, according to the Real-Time Population Survey conducted by […]
PAE completes $208M acquisition, receives $98M Air Force contract
Falls Church-based defense and government services contractor Pacific Architects and Engineers (PAE) announced Friday it has completed its $208 million cash acquisition of Burlington, Massachusetts-based Centra Technology Inc. The acquisition was first announced in late October. “The acquisition of Centra expands PAE’s addressable market into new, attractive mission-critical business areas, opening up important higher growth [&helli[...]
Herndon telecom company rebrands
Herndon-based government and military communications company Klas Telecom announced Friday it is rebranding as Klas Government. Founded in 1991, Klas Government was established to connect students in remote areas using satellite technology, and later evolved to include services for government, public safety and transportation cu[...]
Liberty raises $2M during inaugural Giving Day campaign
Liberty University raised more than $2 million on Nov. 17 during its inaugural Giving Day, an all-day fundraising campaign for academic departments, athletics programs and student scholarships, the university announced Friday. The university raised $2.003 million from more than 6,000 donors. Funding will go toward more than 100 [...]
Georgia senator made controversial investment in Lynchburg’s BWX Technologies
U.S. Sen. David Perdue, one of Georgia’s two incumbent Republican senators who are facing a Jan. 5 election runoff that will determine the balance of power in the Senate, made profitable purchases of shares in Lynchburg-based nuclear fuel supplier BWX Technologies Inc. — the Navy’s sole nuclear fuel provider — ju[...]
